TIPPETT -E- SHALLOW
TIPPETT -E- SHALLOW is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by GRB Properties, Inc. It has 64 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 402,682 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $985K, with roughly $302K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 451 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was October 2019, at 806 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about TIPPETT -E- SHALLOW
- Who operates TIPPETT -E- SHALLOW?
- TIPPETT -E- SHALLOW is operated by GRB Properties, Inc., Railroad Commission of Texas operator number 328353.
- Where is TIPPETT -E- SHALLOW?
- TIPPETT -E- SHALLOW is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 06804.
- Is TIPPETT -E- SHALLOW still producing?
- TIPPETT -E- SHALLOW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT -E- SHALLOW is August 2026.
- How much has TIPPETT -E- SHALLOW produced?
- TIPPETT -E- SHALLOW has reported 402,682 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 64 wellbores.
- How much is TIPPETT -E- SHALLOW worth?
- The remaining production from TIPPETT -E- SHALLOW is estimated to be worth about $985K in total as of 26 August 2026, within a range of $768K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT -E- SHALLOW is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT -E- SHALLOW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPETT -E- SHALLOW is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPETT -E- SHALLOW generate in a year?
- TIPPETT -E- SHALLOW is forecast to net about $302K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIPPETT -E- SHALLOW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | GRB Properties, Inc. |
|---|---|
| Field | Toborg |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 06804 |
| Wellbores | 64 |
| Reported production | 402,682 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $985K |
Where TIPPETT -E- SHALLOW sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.